Business Activity in U.S. Unexpectedly Accelerates

Business activity in the U.S. unexpectedly accelerated in September, a sign manufacturers are still at the forefront of the recovery.  To read the entire article, click here.  (Source www.bloomberg.com.  Picture by Jim R. Bounds.)

Blockbuster Files for Bankruptcy

Blockbuster has announced its plans to voluntarily enter into Chapter 11 bankruptcy as a way to clean up the struggling company's balance sheet.  According to the article, Blockbuster's approximate 3,000 retail locations (which includes 8 locations in Lincoln) will remain open for the short term. 

To read the full article by REBusiness Online, click here.  (Source:  REBusinessonline.com)

Friday's Featured Listing - Land with Superior Street Frontage For Sale

77 Acres of residential zoned ground is available for sale at 35th & Superior.  21.9 Acres has been elevated out of the floodway and now ready for development.  Ideal setting for a residential development or corporate campus with zoning change.  View details of the property or contact John Hyland or Richard Meginnis at 402-441-5800 for futher information.

Commercial Real Estate Yields Spur Investors

Capitalization rates averaged 7.22 percent in the second quarter, or 4.29 percentage points higher than the yield on 10-year government bonds. Read more..
(Source: REALTOR® Magazine-Daily News)

Commercial Conditions Favor Business Growth

Rent discounts and other favorable conditions in commercial real estate markets make it a good time for expansion moves by businesses, a NAR report suggests.  Read more...
(Source: REALTOR® Magazine-Daily News)

Epilogue: Prairie Peace Park is facing its end

"The World Peace Mural" created in clay

Read the Journal Star article that follows the tale of the Prairie Peace Park that opened in 1994 and is now facing the possiblity of closing after the current owners lost funding for the project. Epilogue: Prairie Peace Park is facing its end

NAI FMA Realty has the property listed for sale.

Urban Development Summer Newsletter Now Available

The Summer 2010 issue of the City Urban Development Department's quarterly newsletter, The Urban Page, is now available.  Simply CLICK HERE to read the full newsletter.

This issue features articles on:
-DT Park & Go Campaign
-Downtown Green Scene
-Elliott School Meets Antelope Valley
-Havelock Ave Face Lift
-N 27th Property Purchases
-Assurity Building Taking Shape
-Community Art in Neighborhoods